Pound May Appreciate on Santa Claus Rally. Forecast as of 26.12.2024
In the fourth quarter, the decline in the GBPUSD was not attributable to the differential timing of rate cuts by central banks; it was primarily driven by the loss of…
Oil edges up on China stimulus hopes, US inventory drop
By Emily Chow SINGAPORE (Reuters) -Oil prices edged higher on Thursday in thin holiday trading, driven by hopes for additional fiscal stimulus in China, the world’s biggest oil importer, while…
Oil prices inch up on hopes for more China stimulus
By Emily Chow SINGAPORE (Reuters) -Oil prices edged higher on Thursday in thin holiday trading, driven by hopes for additional fiscal stimulus in China, the world’s biggest oil importer, while…
Trump’s Pledges to Define EURUSD’s Rate. Forecast as of 26.12.2024
Will the new US president have trouble delivering on his campaign pledges? If not, the EURUSD pair will fall below parity. If he does implement his policies, the outcomes have already…
Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 26.12.2024
Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The price continues…
Gold prices rise on slightly weaker dollar, geopolitical tensions
Investing.com– Gold prices were higher in Asian trade on Thursday due to a slightly weaker dollar as markets returned to trading after the Christmas holiday, while gains were limited as…
Asia FX edges lower as dollar remains near 2-yr high, Indian rupee hits record low
Investing.com– Most Asian currencies were lower on Thursday as the dollar remained steady near a two-year high, while the Indian rupee fell to an all-time low. Most markets in the…
Oil prices edge higher on fresh China stimulus measures
Investing.com– Oil prices extended gains in Asian Trade on Thursday after the Christmas holiday, bolstered by new stimulus measures in China and a drop in U.S. crude inventories. At 21:06…
Oil prices edge higher on hopes for more China stimulus
By Yuka Obayashi TOKYO (Reuters) – Oil prices edged higher on Thursday in thin holiday trading, driven by hopes for additional fiscal stimulus in China, the world’s biggest oil importer,…
